A large segment of ADA holders are losing money, since just 30% are now in profit, according to IntoTheBlock statistics. Major investors own 28% of the ADA token, indicating a relatively high amount of whale control. This might affect the price stability and the dangers of manipulation. Market conditions, including
While some consider Cardano to be a passive or even dying blockchain, and its native token ADA is often deemed “dead” due to its inability to achieve significant price gains, the platform continues to show bullish signs as it prepares for the upcoming Cardano Node 9.0 hard fork. This hard
In a groundbreaking development, Argentina is set for a significant transformation in its crypto sector as the Cardano (ADA) Foundation joins forces with Entre Rios, a central province of Argentina. Meanwhile, the buzzing Ethereum-based crypto ETF trading platform, ETFSwap (ETFS), has been making waves in the crypto market. ETFSwap (ETFS):
Recent price patterns indicate that ADA bulls are aiming for a big breakout, as the price of Cardano (ADA) pushed over the $0.46 barrier on Thursday, June 6, increasing by 6% during the weekly period. Due to the unfavorable effects on the competing Proof-of-Stake network caused by the initial approval
Amidst the bustling crypto market, Arbitrum and Cardano are catching eyes with their potential for hefty returns. Yet, BlockDAG emerges as the standout, firmly establishing itself as a market frontrunner. Recently unveiling its second keynote, BlockDAG showcased its technical advancements and launched the innovative X30 crypto miner, pushing its presale
“The cryptocurrency market is a whirlwind of opportunities,” states a prominent industry analyst. Retik Finance (RETIK) emerges as a formidable contender among the surging tides of digital assets. Retik Finance (RETIK) has taken the crypto world by storm, recently listing on multiple exchanges. Among these exchanges include Uniswap, MEXC, Bitmart,
Cardano has been trapped within a tight trading range, despite repeated efforts by bulls to initiate a bullish rebound. While Bitcoin’s price has surged past the $70,000 mark, gaining significant momentum, the altcoin market has not exhibited any promising signs, resulting in a consolidation of ADA’s price. However, analysts remain
The 42nd development update from BlockDAG has become a landmark event, introducing major scalability and decentralization enhancements with the rollout of adaptive sharding. This feature dynamically optimizes network resources, enhancing transaction capacity while preserving a decentralized architecture. These enhancements have driven a significant increase in BlockDAG’s presale revenue, reaching $38.3
Cardano (ADA) has been riding the wave of the recent cryptocurrency market rally, which has been led by Bitcoin (BTC). As Bitcoin breached the $71,000 resistance level yesterday, ADA also experienced significant gains, with its price spiking from $0.4646 to a daily high of $0.5090. Like most crypto assets, ADA
In the midst of Solana’s network congestion and slow growth, a new player has emerged, catching the attention of investors and analysts alike. Retik Finance, currently priced under $0.50, is projected by a leading analyst to reach $2 by the end of 2024. This prediction comes from the same analyst
